LamorindaWeb.com, a local resource and social networking site, will hold a fundraiser for areas schools at their launch party Thursday night.

The New Rheem Theatre is sponsoring the launch party and will provide refreshments. In addition to raising money for schools, the event will celebrate the launch of LamorindaWeb and showcase the theater’s new food, beer and wine service.

The launch party will take place from 5:30-7 p.m., followed by a special screening of “Race to Nowhere” and a question and answer session with director Vicki Abeles.